COFFEE EXPORT REVENUES UP.The Honduran Coffee institute (Ihcafe) reports that coffee export revenues for the 2001-2002 coffee harvest totaled US$179 million, up US$10 million vs. the 2000-2001 harvest. Honduras exported 3.5 million quintals (1 quintal QUINTAL. A weight of one hundred pounds = 100 lbs.) during 2001-2002, up 300,000 quintals vs. the 2000-2001 season. In response to the dismal dis·mal adj. 1. Causing gloom or depression; dreary: dismal weather; took a dismal view of the economy. 2. international market for coffee, hundreds of small coffee farmers demonstrated in Tegucigalpa in August. The demonstrators demanded financial assistance to help defray de·fray tr.v. de·frayed, de·fray·ing, de·frays To undertake the payment of (costs or expenses); pay. [French défrayer, from Old French desfrayer : des-, losses suffered during this year's coffee harvest. President Maduro, bowing somewhat to pressure, agreed to have the state banks grant small producers 100 lempira lem·pi·ra n. See Table at currency. [American Spanish, after Lempira (1497-1537), Indian leader who resisted the Spanish conquistadors in Honduras.] Noun 1. (about US$6) loans per quintal produced up to 100 quintals. The 15-year loans have a three-year grace period. Copyright 2002 |
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